Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range.To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options.

Electricity News

By: Dylan Slater19th January 2018
The African Development Bank (AfDB) has approved $324-million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and boost economic growth in those countries. →

By: Reuters18th January 2018
Toshiba Corp said on Thursday it had clinched an agreement to sell its claims in bankrupt US nuclear plant maker Westinghouse Electric Co in a deal that would add $3.7-billion to the Japanese owner's depleted capital base. The Japanese conglomerate has also agreed to transfer its... →

By: Megan van Wyngaardt18th January 2018
Finance Minister Malusi Gigaba on Thursday painted a grim picture of the financial challenges facing power utility Eskom, stating that the national fiscus would be unable to bail the State-owned enterprise (SOE) out in the event of a default. Speaking at a pre-World Economic Forum (WEF)... →

By: Terence Creamer18th January 2018
Eskom’s debt refinancing is undoubtedly a critical burning platform. The clock is most definitely ticking and the consequences of not closing the immediate financial chasm will be dire not only for the utility, but also for citizens. That said, government is extremely unlikely to allow Eskom to... →

By: Creamer Media Reporter 17th January 2018
Mozambique-based Central Térmica de Ressano Garcia (CTRG), a joint venture between Sasol Energy and Electricidade de Moçambique (EDM) has reached financial close on a $189-million project finance transaction with its lenders. CTRG, in which EDM holds a 51% stake and Sasol Energy the balance,... →

By: African News Agency 17th January 2018
The parliamentary inquiry into alleged corruption at Eskom will resume next week with testimony from suspended chief financial officer Anoj Singh and former acting chief executive Matshela Koko, the chairperson of the public enterprises committee Zukiswa Rantho said on Wednesday. "The Committee... →

By: Terence Creamer17th January 2018
A new independent study published by the National Renewable Energy Laboratory (NREL), in the US, concludes that significant production cost savings could be achieved if South Africa added between 60 GW and 100 GW of additional variable renewable energy (VRE) by 2035. The NREL study is a pure... →

By: Anine Kilian16th January 2018
Start Up Energy Transition (SET), an international platform promoting innovation in energy transition, is accepting applications for global start-ups to pitch in Berlin, at the SET Tech Festival, and get featured as a top global start-up company with the World Energy Council. The SET award is a... →

By: Terence Creamer15th January 2018
The outlook for solar and wind electricity costs to 2020 “presages historically low costs for new renewable electricity”, which could create new economic and industrial opportunities, a new International Renewable Energy Agency (Irena) report argues. Released in Abu Dhabi, the United Arab... →

By: Anine Kilian15th January 2018
The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) on Monday announced that $25-million in concessional loans from ADFD have been earmarked for solar photovoltaic (PV) projects in Mauritius and Rwanda. The projects have the potential to significantly... →

By: Reuters15th January 2018
South Africa's stock exchange has not received Eskom's interim results on time and if they are not submitted by Jan. 31 trading of the power utility's debt may be suspended, the Johannesburg Stock Exchange (JSE) said on Monday. Cash-strapped Eskom, the sole power supplier in Africa's most... →

By: Megan van Wyngaardt15th January 2018
Power generation technology developer Acwa Power has adopted SolarCoin – the global reward programme for solar electricity generation – marking the first time a utility-scale generator joins the SolarCoin ecosystem. SolarCoin will provide digital tokens to Acwa Power for every MWh of solar energy... →

By: Reuters12th January 2018
South Africa may still get most of its energy from coal, but in the country’s sunny Northern Cape province, a different electricity source is taking hold: solar steam. A Spanish renewable energy company has opened three thermal solar plants – which use the sun’s heat to create electricity - in... →

By: Megan van Wyngaardt12th January 2018
Electricity solutions provider Aggreko has started to supply stable power in Madagascar, using 28 MW of its heavy fuel oil- (HFO-) generated energy from its Noor 2 turbine, running alongside its joint venture partner Jovena’s Noor 1 turbines. This forms part of an extension to a 50 MW agreement... →

By: Terence Creamer9th January 2018
Eskom’s current financial situation makes it difficult to see any other path to sustainability than that of drastic cost-cutting, restructuring and bringing private equity into the business, Energy Intensive Users Group of Southern Africa (EIUG) past chairperson Piet van Staden argues. In an... →

By: Anine Kilian9th January 2018
Saudi Arabian group ACWA Power has reached financial close on three solar photovoltaic (PV) projects, in Egypt. The projects, which are located in the southern Aswan province, are being developed under Round 2 of Egypt’s Feed-in-Tariff programme and are subject to 25-year power purchase agreements. →

By: African News Agency 5th January 2018
Business Leadership South Africa (BLSA) has slammed the reappointment of Matshela Koko and Prish Govender at power utility Eskom, saying this flew in the face of complying with the rule of law and undermined efforts to restore confidence in the economy.
BLSA said it was shocked and dismayed that... →

By: African News Agency 5th January 2018
The National Union of Mineworkers (NUM) said on Friday that it welcomes the reinstatement of Matshela Koko as group executive of power generation at Eskom, but called for a full investigation into allegations of corruption at the power utility.
Eskom confirmed on Wednesday that Koko would be... →

By: African News Agency 3rd January 2018
South African power utility, Eskom confirmed on Wednesday that former acting chief executive Matshela Koko and former acting group executive for group capital, Prish Govender, have been reinstated after they were cleared in disciplinary hearings.
Eskom spokesperson, Khulu Phasiwe, said that the... →

By: Reuters21st December 2017
South Africa's state owned power utility Eskom said on Thursday it will postponed its interim results announcement until early next year. The cash-strapped utility, which has been gripped by a governance crisis in its board, said it needs time to review the impact of the increase and for its... →

By: Megan van Wyngaardt21st December 2017
Mid-tier coal mining and exploration group Canyon Coal, which has operations and projects in Mpumalanga and Gauteng, connected families who live next its Phalanndwa colliery in Delmas, to its electricity grid. Phalanndwa GM Alan Mabbett noted the company was “excited” to provide free electricity... →

By: Megan van Wyngaardt20th December 2017
Ethiopia has signed an agreement to build two geothermal power plants at a combined cost of $4-billion, to be run by the country's first privately-owned utility. The Corbetti and Tulu Moye plants will produce a combined 1 000 MW of power upon completion in eight years time in the... →

By: Megan van Wyngaardt20th December 2017
Automation company ABB and infrastructure company SNC-Lavalin have signed an agreement to form a joint venture (JV) for the execution of engineering, procurement and construction (EPC) projects for electrical substations. SNC-Lavalin will have majority and controlling interest in the JV. →

By: News24Wire 18th December 2017
Finance Minister Malusi Gigaba said on Saturday that he supports the National Energy Regulator of South Africa (Nersa’s) decision not to grant the nearly 20% tariff increase Eskom had applied for as the current state of the economy wouldn’t have been able to support this. Nersa on Friday, granted... →

By: Megan van Wyngaardt18th December 2017
State-owned power provider Eskom on Monday said it was “disappointed” with the National Energy Regulator of South Africa (Nersa) only allowing a 5.23% tarriff increase. The parastatal said in a statement that this only allowed revenue of R190.348-billion for the 2018/19 financial year. →

By: African News Agency 15th December 2017
Public Enterprises minister Lynne Brown said on Friday that the process of appointing a new permanent group chief executive for power utility Eskom was "a priority" and that the finalization of the investigation into suspended executives was of "paramount importance".
This comes as news... →

By: News24Wire 15th December 2017
South Africa's National Energy Regulator (Nersa) has declined Eskom request for a 20% hike, instead granting Eskom a 5.2% hike.
The regulator is due to publish a document outlining the decision in the next couple of days, Nersa chair Jacob Modise said. The 5.23% tariff increase, announced by... →

By: Schalk Burger15th December 2017
The National Treasury released the Second Draft Carbon Tax Bill for public comment on Friday and averred that it “seeks to give effect to the polluter pays principle . . . and will assist, in a least-cost manner, in reducing greenhouse-gas (GHG) emissions and ensuring that South Africa meets its... →

By: Creamer Media Reporter 15th December 2017
Business Unity South Africa (Busa) on Friday said it was concerned over a lack of consultation on the final draft of the updated Integrated Resource Plan (IRP), which was approved by Cabinet last week. The IRP determines South Africa’s long-term electricity demand and details how the demand... →

By: Tasneem Bulbulia15th December 2017
Being the only concentrated photovoltaic (CPV) power plant of its kind in South Africa currently, independent power producer Pele Energy Group senior asset manager Ziska Mc Gilton says the 36 MW ac Touwsrivier CPV project is continuously providing economic upliftment and support for surrounding... →

By: Nadine James15th December 2017
Solar power specialist Energy Partners (EP) Solar has invested in a photovoltaic (PV) solar system to power South African retailer Pick n Pay’s Longmeadow distribution centre, in Modderfontein, Gauteng. The project is currently about 80% complete and will be fully operational by the end of... →

By: Natasha Odendaal14th December 2017
The vision of a low-carbon future allied with advances in the information technology sector are set to become game changers that will shift the future energy landscape as technology gives rise to peripheral industries and cross-sector transformations. The future of energy generation is embedded... →

By: Schalk Burger13th December 2017
Unit 1 of the Koeberg nuclear power station has reached the milestone of 400 days of continuous operation. State-owned power utility Eskom on Wednesday said this was achieved after the unit was shut down for scheduled refuelling, inspection and maintenance on September 19, 2016, after a safe,... →

By: News24Wire 12th December 2017
South Africa’s Thabametsi project has been listed as one of the “Dirty Dozen projects”, twelve fossil fuel projects worldwide environmental groups say exemplify the massive volumes of public finances still flowing to fossil fuel projects, which are driving climate change. The list comes as world... →